111 Mitchell Rd, Sherman, TX 75090
- $506,000
- 3
- BD
- 2
- BA
- 1,886
- SqFt
- List Price
- $506,000
- Status
- ACTIVE
- MLS#
- 21268617
- Price Change
- ▼ $44,000 1785211435
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,886
- Lot Size
- 77,101
Property Description
Under appraised value, price adjustment. Outside of the city limits, horses allowed. Two rental opportunities or multi-generational living on a corner lot. A rare, custom footprint property offering two distinct and independent residences on one parcels with a total of 4 bedrooms. Two cottages located in the heart of the Sherman tech corridor. This inviting property perfectly balances modern design with suburban charm. The 3-bedroom Barndominium (1214 sq ft.) is just completed with modern farmhouse touches. An additional 1-bedroom Texas cottage (672 sq ft built in 2016) boasts a full kitchen and bath with dual vanities and tub and a front porch tucked beneath a mature tree canopy. Make it a private mother-in-law suite, home office, or a steady rental stream to capitalize on the area's soaring housing demand. Equipped with three loafing stalls, a storage shed and fencing, the property offers a peaceful country atmosphere without sacrificing proximity to city amenities and the new Texas Instruments & GlobalWafers sites. Families will appreciate the rapidly modernizing Sherman ISD, featuring a recent high school, three new elementary schools, and a state-of-the-art athletic stadium. Enjoy easy access to Dallas, expanding retail, and top-tier industrial job opportunities. This property offers a unique cash-flow opportunity that standard valuations overlook. Comps do not reflect the rental income generated by the second home. A savvy investment in the direct path of progress!
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Additional Information
- Taxes
- $3,304
- Year Built
- 2016
- Interior Features
- Kitchen Island, Open Floor Plan
- Appliances
- Dishwasher, Electric Cooktop, Microwave
- School District
- Sherman Isd
- Elementary School
- Percy W Neblett
- High School
- Sherman
- Middle School
- Sherman
- Sewer
- Septic Tank
- Stories
- 1
- Street Name
- Mitchell Rd
- Street Number
- 111
- Water
- Public
- Acres
- 1.77
- County
- Grayson
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Listing courtesy of Deborah Newsome from Keller Williams Realty DPR. Contact: